The current stock price for Plug Power Inc. (PLUG) is $8.52. The stock experienced a significant increase during the last trading session, reaching $8.785 after opening at $8.70. It dipped to a low of $8.44 before ultimately closing at $8.73.
Plug Power Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $30.43 on 09/16/22, and the lowest price during the same period was recorded at $7.39 on 05/15/23.
52-week price history of PLUG Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Plug Power Inc.’s current trading price is -72.00% away from its 52-week high, while its distance from the 52-week low is 15.29%. The stock’s price range during this period has fluctuated between $7.39 and $30.43. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 20.22 million for the day, which was evidently lower than the average daily volume of 21.86 million over the last three months.
Financial Performance and Market Capitalization
Plug Power Inc. (PLUG) has experienced a quarterly decline of -21.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.26B and boasts a workforce of 3353 employees.
Analysts’ Ratings For Plug Power Inc.
As of right now, 19 analysts are rating Plug Power Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.60, with a change in price of -0.75. Similarly, Plug Power Inc. recorded 23,015,721 in trading volume during the last 100 days, posting a change of -8.09%.
PLUG Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PLUG stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.14.
PLUG Stock Stochastic Average
Plug Power Inc.’s raw stochastic average for the past 50 days is currently at 13.53%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 59.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 57.11% and 44.92%, respectively.
PLUG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -31.12% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -27.80%. Over the past 30 days, the price of PLUG has leaped by -0.70%. And in the last five days, it has surged by 7.04%.